Daily Market Insight
Daily Market Insight: 20 June 2022
• U.S. reviews China tariffs, possible pause on federal gas tax to curb inflation • U.S. manufacturing output softens; leading indicator extends decline • Euro zone inflation reached record high 8.1% in May • Yen tanks as FX market adjusts to central bank rate decisions
Daily Market Insight: 17 June 2022
• Bank of England boosts interest rate to 13-year high as inflation soars • U.S. labor market appears to cool; homebuilding slumps as rates surge • BOJ keeps ultra-low rates, dovish policy guidance • Swiss franc soars after shock rate hike; pound rises
Daily Market Insight: 16 June 2022
• Fed hikes its benchmark interest rate by 0.75 percentage point • European Central Bank holds emergency meeting to discuss market rout • Japan Runs Biggest Trade Deficit in More Than 8 Years in May • US stock futures climbed higher on Thursday
Daily Market Insight: 15 June 2022
• U.S. fuel and trucking costs power producer inflation • UK slowdown fears mount as GDP unexpectedly shrinks in April • Japan's core machinery orders post surprise double-digit growth • Yields hit decade highs before expected 75 bp Fed rate hike
Daily Market Insight: 14 June 2022
• Fed likely to boost interest rates by 0.75 basis point • US Inflation Expectations Back to Record High • New Zealand May Food Inflation Rises to 6.8% • Brent steadies around $122.5 per barrel as tight global oil market • Fed bid to fight decade high inflation triggering inverted yield curve
Daily Market Insight: 13 June 2022
• U.S. annual inflation posts largest gain in nearly 41 years • Bank of England says 12-month inflation expectations hit record • South Korea June 1-10 exports shrink 12.7%, trade deficit at $6 billion • Dollar rises as hot U.S. inflation data seen keeping Fed hawkish
Daily Market Insight: 10 June 2022
• China's exports surge on easing COVID curbs, trade outlook still fragile • Weak yen pushes up Japan's wholesale import costs at record pace • ECB to raise interest rates, end net asset purchases in July • Dollar gains ahead of inflation data, euro falls after ECB
Daily Market Insight: 9 June 2022
• US Wholesale Inventories rose in April • UK to see slowest growth of developed countries, says OECD • China Trade Surplus Largest in 4 Months • US and Asian Stock slipped, Yield higher as worried over tightening policy outlook
Daily Market Insight: 8 June 2022
• U.S. Imports Fell for First Time in Nine Months in April, Amid Destocking • UK businesses feel the strain from surging inflation • German Factory Orders Fall for Third Straight Month in April • Yen slides as Europe braces for rate hikes
Daily Market Insight: 7 June 2022
• US inflation hasn’t peaked and multiple half-point rate hikes needed • UK new car market declines as supply constraints hold back deliver • UK Retail Sales Hit by Cost of Living • US Stock dropped and Government bond yield rose due to the expectation of rising inflation